
Stock Market technical analysis. All of my thoughts, trades and analysis are my opinions only. I am NOT responsible for any loss you may incur. These posts are NOT meant to be recommendations in the market. This website is not a solicitation to buy or sell securities, options, or futures. The purpose of this content is educational only.
Wednesday, October 20, 2010
HRB getting too bearish?
This stock has been punished this past week and down another 5% today as the S&P credit rating came out saying it could lower HRB's rating. Very bearish news on very heavy volume. However, HRB may bounce here as it approaches a 2 year old trendline. Watch for a bottoming tail to form this will signal a reversal in the stock price.

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